Thursday, December 02, 2010 4:56:05 PM
LEI went public in June 2005: How much money was brought onto the company's balance sheet from the IPO?
Since the IPO, how much cash may be remaining from these stock sales?
LEI has a base business which includes consulting and other laser unit/laser product sales. Is this part of the business profitable? They do have experienced council in the opthimology area. Do the new related products have future sales potential?
What if the Dazer Laser wasn't there at all? Would the company still have a future?
The General Dynamics relationship keeps me on board even though I have to guess about what the actual balance sheet looks like. Has anyone followed all the PRs about financing and sales over the last 5 years in order to formulate an educated guess?
On the pink sheets, they could get upgraded to Pink Sheets Current Information. This would be the next step before a move to the big boards.
I am holding, even though investors have jumped ship. Many of the people dumping their shares are day trader types wanting
immediate gratification. I still think it's a good gamble.
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